Seasonal RV Insurance

Whether you’re a full-time recreational vehicle (RV) enthusiast or enjoy weekend getaways in your recreational vehicle (RV), safeguarding your investment with proper insurance coverage is crucial. Recreational vehicle insurance offers financial protection for various types of RVs, such as motorhomes, campers, travel trailers and fifth wheels. Depending on the season and your usage patterns, you might need to make adjustments to your RV insurance.

What Is Seasonal Recreational Vehicle Insurance?

Seasonal RV insurance covers your RV when it’s not in use. Whether you store it for a few months or up to 11 months, this type of insurance may be more affordable than full coverage because it excludes collision coverage while your RV is in storage.

Seasonal RV Insurance Considerations

Whether you use your RV year-round or not for weather or personal reasons, maintaining insurance coverage is essential. Assessing your specific situation will help determine whether full coverage or storage-only insurance is more suitable.

Storage-only recreational vehicle insurance can offer financial protection for incidents that may occur while your vehicle is in storage. Even if your RV is on your property, risks like vandalism, theft or weather-related damage still exist. Keep in mind that storage-only insurance typically excludes collision coverage. If your RV is stored in a location where it could be hit by another vehicle, retaining full coverage might be advisable even during storage.

Full Coverage vs. Storage-only RV Insurance

Full coverage insurance can offer well-rounded protection for your stored RV. It can financially cover nondriving-related damages, such as theft, vandalism, fire and damage from falling trees, as well as collision incidents. Additionally, having full coverage helps to ensure continuous insurance history, helping to prevent gaps that could lead to higher premiums for other types of coverage in the future. However, it comes with higher premiums. For older RVs with diminished value, the cost of full coverage may not always justify its benefits.

On the other hand, storage-only recreational vehicle insurance can be more budget-friendly. It can financially cover incidents that may occur while your RV is in storage, even if it’s parked on your property. However, it typically excludes collision coverage.

RV Insurance in Shoreview, MN

At Dean Olson Insurance Agency, we understand the importance of financially protecting your RV. Our experienced team of insurance professionals is here to assist you in finding the right insurance coverage for your specific needs. Contact us today to get started on safeguarding your RV in Minnesota.

This blog is intended for informational and educational use only. It is not exhaustive and should not be construed as legal advice. Please contact your insurance professional for further information.